Categories: News

Toni Braxton Files For Bankruptcy

She might be more than a woman, but she's still out of luck. Six-time Grammy winner Toni Braxton has filed for bankruptcy, claiming that she owes $10-50 million to various companies, despite her personal worth of around $10 million.

Documents show that Braxton, 43, filed for Chapter 7 bankruptcy according to TMZ. She lists, among others, Tiffany and Co., the Screen Actor's Guild, American Express and other companies to which she owes unspecified amounts of money. This is not the first time that Braxton has had financial difficulties. She also filed for bankruptcy in 1998, and had a lien filed against her by the IRS earlier this year.

The singer has sold over 40 million records worldwide, and appeared on Dancing With The Stars a few seasons ago. –AMY LEE

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